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From MND NewsWire

Two New Reports Show Housing Exuberance Is Waning

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"Wow" Stats from Citi's Lawsuit Settlement; Short...

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Two New Reports Show Housing Exuberance Is Waning

Further evidence that the real estate boom is moderating came from the National Association of Realtors last week.

Quarterly figures on existing home sales which include single family houses and condominium units trended downward for the second straight quarter during the first three months of 2006.

The sale of existing houses established an all-time record...
...

Published Mon, May 05 2006 7:00 AM by Glenn Setzer

Filed under: housing bubble, real estate bubble, national association of realtors, housing reports, national association of home builders, housing index

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-19 (-0-07)
|
30YR FNMA 5.0 108-00 (-0-06)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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